1 of 16

STUDENT STUDY PROJECT�ON �EMERGING GLOBAL TRENDS IN IOT (INTERNET OF THINGS) �

PRESENTED BY

​

1. P.VYSHNAVI(0324016010)

2.T.HARIKA(0324016018)

3.P.HEMALATHA(0324016011)

TO

SMT.A.SUMATHI

DEPT.OF COMPUTER SCIENCE

Date : 02/12/2024

1

2 of 16

INTRODUCTION – WHAT IS IOT?

  • The Internet of things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers ( UIDs ) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction - IoTAgenda
  • A thing in the IoT can be a person with a heart monitor implant, a farm animal with a biochip transponder, an automobile that has built-in sensors to alert the driver when tire pressure is low or any other natural or man-made object that can be assigned an IP address and is able to transfer data over a network.
  • IoT is a sensor network of billions of smart devices that connect people, systems and other applications to collect and share data.

​

IoT things presentation - Davis M Onsakia

2

3 of 16

TOP 10 STRATEGIC IOT TECHNOLOGIES AND TRENDS – GARTNER (CONT’D)

  1. Trend No. 7: Trusted Hardware and Operating System: ‘.. by 2023, we expect to see the deployment of hardware and software combinations that together create more trustworthy and secure IoT systems…’.
  2. Trend 8: Novel IoT User Experiences: User experience driven by 4 factors: new sensors, new algorithms, new experience architectures and context, and socially aware experiences.
  3. Trend No. 9: Silicon Chip Innovation: By 2023, it’s expected that new special-purpose chips will reduce the power consumption required to run IoT devices.
  4. Trend No. 10: New Wireless Networking Technologies for IoT: IoT networking involves balancing a set of competing requirements. In particular they should explore 5G, the forthcoming generation of low earth orbit satellites, and backscatter networks.

IoT things presentation - Davis M Onsakia

3

4 of 16

BENEFITS OF IOT

IoT offers a number of benefits to organizations, enabling them to:

  1. Monitor their overall business processes;
  2. Improve the customer experience;
  3. Save time and money;
  4. Enhance employee productivity;
  5. Integrate and adapt business models;
  6. Make better business decisions; and
  7. Generate more revenue.

​

IoT things presentation - Davis M Onsakia

4

5 of 16

CONSUMER AND ENTERPRISE IOT APPLICATIONS

IoT things presentation - Davis M Onsakia

5

Source: https://internetofthingsagenda.techtarget.com/definition/Internet-of-Things-IoT

6 of 16

THE SMART WORLD OF THE FUTURE – USING IOT

IoT things presentation - Davis M Onsakia

6

Source: https://www.forbes.com/sites/jacobmorgan/2014/05/13/simple-explanation-internet-things-that-anyone-can-understand/#ef2433f1d091

7 of 16

SAMPLE: CONSUMER IOT PRODUCTS & SERVICES

  1. Helmet Concussion Sensor
  2. Medical Alert Watch
  3. Smart Fitness Clothing and Smart Running Shoes
  4. One-Button Product Purchases: “Order at the click of a button!” Amazon has taken that phrase literally and produced physical branded buttons called Amazon Dash that link to products in your home. Say you run out of laundry powder. You can press your Dash button for Tide and Amazon will reorder your Tide Powder product for you. No need to sign onto the Web, fumble with payment methods, or retype credit card numbers.
  5. Garden Sensors
  6. Smart Televisions

​

​

​

IoT things presentation - Davis M Onsakia

7

8 of 16

HELMET CONCUSSION SENSOR

IoT things presentation - Davis M Onsakia

8

https://www.amazon.com/Shockbox-LM2004-EXT-MultiSport-Helmet-Sensor/dp/B00DVHA1LM?imprToken=NXcTrCppNfgrAo2MA1K7ig&slotNum=2&SubscriptionId=AKIAIO22DD3AFUSKXUKQ&tag=makeusw-20&linkCode=xm2&camp=2025&creative=165953&creativeASIN=B00DVHA1LM

9 of 16

AMAZON DASH

IoT things presentation - Davis M Onsakia

9

https://www.amazon.com/b?ie=UTF8&node=17729534011

10 of 16

KINSA THERMOMETER

IoT things presentation - Davis M Onsakia

10

Monitoring your temperature and can call your doctor as necessary

11 of 16

CONNECTED CAR STORY

IoT things presentation - Davis M Onsakia

11

Source: https://www.businessinsider.com/connected-car-statistics-manufacturers-2015-2?IR=T

The connected car is equipped with internet connections and software that allow people to stream music, look up movie times, be alerted of traffic and weather conditions, and even power driving-assistance services such as self-parking.

12 of 16

SMART FARMING: USE OF IOT TO IMPROVE AGRICULTURE

  • In IoT-based smart farming, a system is built for monitoring the crop field with the help of sensors (light, humidity, temperature, soil moisture, etc.) and automating the irrigation system. The farmers can monitor the field conditions from anywhere. This is highly efficient compared to the traditional/conventional approach.
  • In terms of environmental issues, IoT-based smart farming provides great benefits including: better and efficient water usage, and optimization of inputs and treatments.
  • Therefore, smart farming based on IoT technologies enables growers and farmers to reduce waste and enhance productivity.
  • Some of the IoT applications in this area are:
    1. Precision farming
    2. Agricultural drones
    3. Livestock monitoring
    4. Smart greenhouses

​

IoT things presentation - Davis M Onsakia

12

13 of 16

INDUSTRIAL IOT (IIOT)

  • Industrial IoT (IIoT) focusses on the use of cyber-physical systems to monitor the physical factory processes and make data-based automated decisions.
  • While the physical systems are made the intelligent using IoT, the real-time communication, and cooperation both with each other and with humans is established via the wireless web
  • IIoT brings in the concept of ‘a connected factory leads to a smart factory’.

IoT things presentation - Davis M Onsakia

13

14 of 16

IIOT IN MANUFACTURING

  1. Digital/connected factory: IoT enabled machinery can transmit operational information to the partners like original equipment manufacturers and to field engineers.
  2. Facility management: The use of IoT sensors in manufacturing equipment enables condition-based maintenance alerts.
  3. Production flow monitoring: IoT in manufacturing can enable the monitoring of production lines starting from the refining process down to the packaging of final products.
  4. Inventory management: IoT applications permit the monitoring of events across a supply chain.

​

​

​

IoT things presentation - Davis M Onsakia

14

15 of 16

IOT CHALLENGES

Security, privacy and data sharing issues

  • Because IoT devices are closely connected, all a hacker has to do is exploit one vulnerability to manipulate all the data, rendering it unusable. And manufacturers that don't update their devices regularly -- or at all -- leave them vulnerable to cybercriminals.
  • However, hackers aren't the only threat to the internet of things; privacy is another major concern for IoT users. For instance, companies that make and distribute consumer IoT devices could use those devices to obtain and sell users' personal data.
  • Challenges with IIoT:
    1. Security of data – same as above
    2. Reliability and stability – of IIoT sensors
    3. Connectivity of all the systems in IIoT setup – no maintenance envisioned?
    4. Blending legacy systems – IIoT is new in the market

IoT things presentation - Davis M Onsakia

15

16 of 16

THE FUTURE OF IOT

  • Bain & Company expects annual IoT revenue of hardware and software to exceed $450 billion by 2020.
  • McKinsey & Company estimates IoT will have an $11.1 trillion impact by 2025.
  • IHS Markit believes the number of connected IoT devices will increase 12% annually to reach 125 billion in 2030.
  • Gartner assesses that 20.8 billion connected things will be in use by 2020, with total spend on IoT devices and services to reach $3.7 trillion in 2021.
  • By 2023, the average CIO will be responsible for more than three times as many endpoints as this year – Gartner
  • Garter forecasts that worldwide IoT Security Spending will be 3.11 billion by 2021 largely driven by regulatory compliance.
  • Great improvements in the security of IoT devices driven by manufacturers’ own initiatives as well users’ demand for better secure devices.
  • Global manufacturers will use analytics data recorded from connected devices to analyze processes and identify optimization possibilities, according to IDC and SAP.
  • Business Insider forecasts that by 2020, 75 percent of new cars will come with built-in IoT connectivity. 

IoT things presentation - Davis M Onsakia

16